It is the goal of many seniors to see and travel the world in their retirement, whilst they are still fit and able. Perhaps touring Europe? Visiting Australia? A vacation in Japan? There’s so much to see and do, but it’s not always affordable.
The average overseas holiday now costs $1,400 per person.
If you’re already struggling with mortgage repayments or home repairs, it can be a struggle to save up the cash to spend on personal luxury and leisure, such as with vacations and travelling abroad.
But if you were to take out a Reverse Mortgage, you could utilize the wealth inside your property, and spend it as tax-free cash on anything you want – a new car, home improvements, and yes, luxury holidays! It’s your home, and your money.